Unit Head - Shariah Reporting & Special Projects (AVP) - TJ / 1903586

National Bank of Pakistan, one of the country’s largest and most reputable financial institutions, is seeking a qualified professional for the position of Unit Head - Shariah Reporting & Special Projects (AVP) based in Karachi. The Bank is committed to supporting the financial well-being of the nation by fostering sustainable growth and inclusive development through its extensive local and international network. This role is critical in ensuring the accurate financial control and Shariah compliance of Islamic banking products and transactions, aligning with the Bank’s vision to become a future-ready, agile, and sustainable institution.

Key Responsibilities:
- Review accounting and financial reporting treatments of Islamic banking products and transactions to ensure Shariah compliance.
- Ensure proper presentation and disclosure of Islamic assets, liabilities, income, expenses, investments, and profit-sharing arrangements.
- Assess the Shariah basis and accounting implications of new Islamic products, structures, and transactions.
- Identify and segregate non-Shariah compliant income for appropriate accounting treatment and purification in line with approved Shariah frameworks.
- Serve as the primary Finance contact for Shariah principles and IFRS/accounting requirements.
- Support interpretation and implementation of SBP instructions, AAOIFI standards, IFRS, and other regulatory guidelines.
- Coordinate with the Shariah Board, Shariah Compliance, Internal Audit, and External Auditors on finance-related Shariah observations.
- Maintain a central tracker of Shariah-related observations affecting Finance and monitor remediation efforts.
- Assist in preparing documentation and responses for Shariah reviews and audits.
- Ensure accounting treatment, system configuration, GL mapping, and reporting requirements are addressed prior to launching new products or transactions.
- Contribute to the development and updating of Finance policies and procedures related to Shariah-compliant financial reporting.
- Maintain a repository of approved Shariah rulings/Fatwas and their accounting and reporting implications.
- Prepare periodic management reports on Shariah-related financial reporting issues, exceptions, purification amounts, outstanding observations, corrective actions, new product reviews, and regulatory developments.
- Perform other assignments as directed by supervisors.

Required Qualifications:
- Minimum graduation or equivalent degree from a university or institute recognized by the Higher Education Commission (HEC) of Pakistan.
- At least six years of banking experience, including a minimum of two years in financial reporting within Islamic banking functions.
- Strong knowledge of IFRS and the State Bank of Pakistan’s regulatory framework.
- Working knowledge of AAOIFI standards and Islamic banking contracts.
- Ability to interpret Shariah rulings and translate them into accounting and reporting requirements.
- Strong data mining and analytical skills with the ability to manage and interpret large volumes of data.
- Excellent communication skills and a detail-oriented approach with a high level of accuracy.

Preferred Qualifications and Benefits:
- Master’s degree and/or relevant certifications will be considered an advantage.
- Preferably possess qualifications related to Islamic Finance, Islamic Banking, or Shariah.
- Employment will be on a contractual basis for three years, with the possibility of renewal at management’s discretion.
- Compensation and benefits will be offered in accordance with the Bank’s policies and rules.
- The Bank is an equal opportunity employer, welcoming applications from all qualified individuals regardless of gender, religion, or disability.

This position is based in Karachi. Only candidates who meet the eligibility criteria will be invited for panel interviews. Applications must be submitted within 10 working days from the date of the job posting. Late applications will not be considered, and no travel allowance or daily allowance will be provided for interviews.